Filed February 7, 2017
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS ADMIN.SERVICES, INC. Service code 15 · EIN 16-1503696 6 RHOADS DRIVE, SUITE 7 · UTICA, NY 13502 | Recordkeeping | $75,565 |
HEARTLAND TRUST COMPANY2 years Filed as: HEARTLAND ASSET MGMT AND TRUST Service code 17 606 SOUTH MAIN STREET · PRINCETON, IL 61356 | Pension Consulting | $22,844 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,796 | $73,404-71.7% | $87,104-76.1% | $67,579-69.2% |
| Participation rate | 92.8% | 80.9%+11.9pp | 76.9%+15.9pp | 71.3%+21.5pp |
| Annual return | 21.29% | 48.29%-27.0pp | 28.19%-6.9pp | 378.56%-357.3pp |
| Employer contribution / active EE | $981 | $2,014-51.3% | $2,521-61.1% | $2,148-54.3% |
| Participant deferral / active EE | $4,668 | $3,913+19.3% | $4,048+15.3% | $3,539+31.9% |
| Admin fee / account holder | $266 | $142+87.8% | $7,491-96.4% | $142+86.9% |